Press Releases
Hai-O FY13 net profit jumps 39%
Jun 27, 2013
Source : The Sundaily

PETALING JAYA (June 27, 2013): Hai-O Enterprise Bhd's net profit for the fourth quarter ended April 30, 2013 (Q4 FY13) rose 8% to RM10.09 million from RM9.34 million a year ago, boosted by increased sales of higher margin products.

Affin upbeat on Hai-O MLM division
Apr 05, 2013
Source : The Star
WE came away positive from our meeting with management on Hai-O's prospects.

Although third quarter 2013 net profit of RM11mil is still far from its hey day of RM15mil to RM20mil in financial year 2009 to 2010, we note that the company's new strategy of focusing on higher margin products (eg foundation garments) developing new operating structure for its multi-level-marketing (MLM) division is bearing fruit.
Hai-O 3Q net profit up slightly
Mar 28, 2013
Source : The Edge
Kuala Lumpur: Hai-O Enterprise Berhad posted a marginally higher net profit of RM10.97 million for the third quarter ended Jan 31, compared with RM9.06 million a year ago.
Hai-O shares seen cheap
Jan 25, 2013
Source : The Star
THE stock has undemanding valuations with a price earnings (PE) multiple the cheapest among peers.
MLM helps Hai-O double Q2 net profit
Dec 20, 2012
Source : The Star
PETALING JAYA: Hai-O Enterprise Bhd’s net profit for its second quarter ended Oct 31 doubled to RM16.1mil from the RM7.86mil in the previous corresponding quarter. Revenue, meanwhile, rose to RM65.85mil from RM56.19mil previously.
Hai-O’s Q2 pre-tax profit rises to RM20.5m
Dec 19, 2012
Source : The Malaysian Insider
KUALA LUMPUR, Dec 19 – Hai-O Enterprise Bhd’s pre-tax profit for the second quarter ended Oct 31, 2012, rose to RM20.49 million from RM11.25 million recorded in the same period last year.